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Oct 7, 2013
10/13
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of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to make those determinations. what our position has always been was not raise it for a certain amount of time. it has been raise the debt ceiling without drama and delay. , ourver the duration position will not change, which is raise it so that the united states can continue to pay its bills and continue to ensure that the world knows we are good to our word and we fulfill our obligations, and when it comes up again, our position will still be, we will not negotiate over congress's responsibility is to pay the bills t
of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to...
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Sep 24, 2013
09/13
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. -- in debt that the get the event that the debt ceiling is not raised, we pay our debts first. spokene that we've all about the calamity that would come from default on the debt. it is revealing that the majority leader reference and objected to, by name, taking a default off the table. it is unfortunate. there's a tendency in this town towards princeton ship and pointing towards events that create uncertainty. using them to get your way. i wish the majority leader had said differently. we should not have a government shutdown. we should never discuss a default on debts. if the majority leader had said i consent, a default on the debt would have been taken off the table. we all know why he did not. because he embraces obamacare. bodyld suggest that this passed obamacare on a partyline vote. , america hasast learned it does not work. it is the single biggest job killer in america. we are seeing more evidence that obama care is killing jobs and hurting american workers were struggling. it is causing people to be forcibly put into part-time work. . it is jacking up health insuranc
. -- in debt that the get the event that the debt ceiling is not raised, we pay our debts first. spokene that we've all about the calamity that would come from default on the debt. it is revealing that the majority leader reference and objected to, by name, taking a default off the table. it is unfortunate. there's a tendency in this town towards princeton ship and pointing towards events that create uncertainty. using them to get your way. i wish the majority leader had said differently. we...
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Oct 9, 2013
10/13
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byy raise the debt ceiling under ronald reagan we raise the debt ceiling 18 times. yet for a thank you note from ronald reagan. tip supported ronald reagan in a tax increase one year after his reagan revolution because it was hemorrhaging red ink. he needed a tax increase. he got it. they save social security for another generation in that compromise and it worked out. he worked together on a lot of policy issues. this relentless opposition to the president hurts the country. we have a loyal opposition that is healthy, but i commend the example of tip o'neill and ronald reagan. two very different ideological tents. but they came together because they understood how important it was. -- it is not as if he is -- [laughter] play.treet has able to i think the business community has a role to play. people who the republican caucus have respect for. i know that they are waiting in. tune orlly need to fine republican caucus if they have not started it already. maybe their constituents want their rates to go up on the home mortgage. maybe the one interest rates to go up to
byy raise the debt ceiling under ronald reagan we raise the debt ceiling 18 times. yet for a thank you note from ronald reagan. tip supported ronald reagan in a tax increase one year after his reagan revolution because it was hemorrhaging red ink. he needed a tax increase. he got it. they save social security for another generation in that compromise and it worked out. he worked together on a lot of policy issues. this relentless opposition to the president hurts the country. we have a loyal...
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Dec 18, 2013
12/13
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all attached to a debt ceiling inquiry. ceiling legislation is the time that brings us all together and get the president's attention, which with this president when it comes to reducing spending is a bit of a challenge. i cannot imagine it being done claim. we will have to see if the house once to add to it as a condition of passing it. host: harry reid and mitch inonnell, up for reelection 2014, yesterday weighing in on the next fight of raising the debt ceiling, which could happen in february when the treasury runs out of money to pay its bills. on the two-your budget deal, the washington times reports this -- there are a group of senators think it aired i daring cuts to retirement pay. post" reportsn on that -- inside the story they say according to house budget aides, it will reduce pay by almost six percent, by a man who enlisted at age 18 and retired age 38. 1.26ng him with one million instead of 1.24. this an issue that could be returned to in january. (this morning. democratic caller. what is on your mind. they did
all attached to a debt ceiling inquiry. ceiling legislation is the time that brings us all together and get the president's attention, which with this president when it comes to reducing spending is a bit of a challenge. i cannot imagine it being done claim. we will have to see if the house once to add to it as a condition of passing it. host: harry reid and mitch inonnell, up for reelection 2014, yesterday weighing in on the next fight of raising the debt ceiling, which could happen in...
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Jan 15, 2013
01/13
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ceiling, and your own history on the debt ceiling. and doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> well, no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult, and budgets in this town are always difficult. i went through this just last year. but what's different is we never saw a situation as we saw last year in which certain groups in congress took such an absolutist position that we came within a few days of defaulting. and the fact of the matter is, is that we have never seen the debt ceiling used in this fashion, where the notion was, you know what, we might default unless we get 100 percent of what we want. that hasn't happened. now, as i indicated before, i'm happy to have a conversation about how we reduce our deficits further in a sensible way. although one thing i want to point out is that the american people are also concerned about how we grow our economy, how we put people back to
ceiling, and your own history on the debt ceiling. and doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> well, no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult, and budgets in this town are always difficult. i went through this just last year. but what's different is we never saw a situation as we saw last year in which certain groups in congress...
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Oct 13, 2013
10/13
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they are debating the government shutdown and the debt ceiling. you can also watch online at c- span.org and let us know what you think on twitter or go to our facebook page at facebook.com/c-span. >> he called because he is so frustrated -- know how the government shutdown is affecting you. .lease send us >> make your short video of the shutdown and upload it see what others are touting about. >> tonight part two of our conversation with josh bolten. >> start off by giving us what you saw with the press, the media, that world. how did you view them knockout >> usually with hostility. it is the natural state of affairs between the white house because that corps is the nature of what the press needs to do. they need to try to catch the white house out on whatever is going on. >> more with bush administration chief of staff josh bolten, tonight at 8:00 on c-span's "q&a." >> on tuesday, the u.s. supreme court heard that campaign finance case. he challenges the limits on the total amount of money one individual can tribute -- can't intrude on each ele
they are debating the government shutdown and the debt ceiling. you can also watch online at c- span.org and let us know what you think on twitter or go to our facebook page at facebook.com/c-span. >> he called because he is so frustrated -- know how the government shutdown is affecting you. .lease send us >> make your short video of the shutdown and upload it see what others are touting about. >> tonight part two of our conversation with josh bolten. >> start off by...
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Oct 8, 2013
10/13
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it also echoes the creation of a debt supercommittee resolve the last debt ceiling impasse in 2011. so that vote is happening tomorrow, according to the hill newspaper. today, the house is working on education impact aid and head the fundingore of bills that have been passing for the last week or so. that is on their schedule today in just a couple of minutes. on toen possibly moving funding for border and nuclear security, national intelligence programs, and indian affairs, as well. democratic-e of the leaning tweets we have been receiving. willow grove has been trying to call the speaker's office. here is the tweet. mr. speaker, you will not answer call after 26 minutes. finally was able to leave message. you can stop this shutdown now. you it. regrets shouldhe walk out of the house and not return until owner agrees to allow a vote on the clean cr. remove boehner. considers if you yourself a true american, you will fight to your last k breath corporatee koch takeover of our country. in these is coming back la. the senate is in session right now. they will be in until 12:30. at 12:
it also echoes the creation of a debt supercommittee resolve the last debt ceiling impasse in 2011. so that vote is happening tomorrow, according to the hill newspaper. today, the house is working on education impact aid and head the fundingore of bills that have been passing for the last week or so. that is on their schedule today in just a couple of minutes. on toen possibly moving funding for border and nuclear security, national intelligence programs, and indian affairs, as well....
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Jan 5, 2013
01/13
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i think risking government shutdown, risking not raising the debt ceiling, is playing with fire, and it is my strong recommendation to my caucus, to the house democratic caucus, and to the president that we make it clear, not in the middle of february, but from next week on that we are not going to do that. if anyone wants to come in and negotiate and says we will do this only -- we will raise the debt ceiling only if you do a, b, c, they will not have a good negotiating partner. i would bet that they not go forward with that. if they are convinced -- those who want to use the debt ceiling as a tool to bring change that they want, if they realize for sure that they are not going to have a negotiating partner, they will have to find another route to bring their change. the only way they get leverage is when they think we might negotiate on this issue. it was very sad that in 2011 when that happened, and i think there's a strong consensus not to repeat what i would call -- what most of us would regard as a mistake. ok, thank you, everybody. >> next, live your calls and comments on the
i think risking government shutdown, risking not raising the debt ceiling, is playing with fire, and it is my strong recommendation to my caucus, to the house democratic caucus, and to the president that we make it clear, not in the middle of february, but from next week on that we are not going to do that. if anyone wants to come in and negotiate and says we will do this only -- we will raise the debt ceiling only if you do a, b, c, they will not have a good negotiating partner. i would bet...
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Oct 5, 2013
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did not havereece a debt ceiling boat. detroit did not have a debt ceiling boat. it is like turning off the smoke alarm when the fire breaks out. >> i want to press you on that a little more. you mentioned moody's. moody's said that even if we prioritize the debt,, november 1 when we have a payment due they will not be enough receipts in the federal treasury to pay both the bondholders and social security recipients, much less veterans health care and military salaries and all of the other things you have exempted from the shutdown. than this be even worse the shutdown? >> the full faith and credit act , in accordance with the constitution, exquisitely exams -- explicitly exempts social security. it would not be a part of the calculation. at some point we have to deal with this debt crisis. there are those who always want to put it off to the next day. inm sure there were voices greece, in detroit, saying put it off for another day. but no, we have to do this today. i am saying this not just as a congressman, but as the father of a 10-year-old son and 11- year-old
did not havereece a debt ceiling boat. detroit did not have a debt ceiling boat. it is like turning off the smoke alarm when the fire breaks out. >> i want to press you on that a little more. you mentioned moody's. moody's said that even if we prioritize the debt,, november 1 when we have a payment due they will not be enough receipts in the federal treasury to pay both the bondholders and social security recipients, much less veterans health care and military salaries and all of the...
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Oct 7, 2013
10/13
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the government shutdown is bad enough, but failure to raise the debt ceiling would be far worse. and could very seriously damage not only the u.s. economy, but also the entire global economy. you know, people around the world are confused. they're bemutzed, but they're certainly not amused by what is happening in this country because it will affect the global economy if it were to materialize. but i personally have huge trust in policy makers and i hope very strongly they will find a way to resolve this issue. now this is mission critical this be resolved as soon as possible. mission critical. japan, also needs a credible plan to bring down its debt. does any of you know how much is the japanese debt relative to gdp? roughly? what did you say? huh? >>. [ participant off-mic ] >> 250%. pretty good, pretty close. that's roughly $90,000 per capita. each japanese baby was born, not too many of them, unfortunately, that's another issue, is born with a debt burden of $90,000. the initial consumption tax increase i was referring to earlier that has been announced by prime minister abe i
the government shutdown is bad enough, but failure to raise the debt ceiling would be far worse. and could very seriously damage not only the u.s. economy, but also the entire global economy. you know, people around the world are confused. they're bemutzed, but they're certainly not amused by what is happening in this country because it will affect the global economy if it were to materialize. but i personally have huge trust in policy makers and i hope very strongly they will find a way to...
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Jan 5, 2013
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working on the debt ceiling is a huge part of that. if you look at any of the ideas that have been put forward to address the deficit and debt and the long-term growth of this country, it involves not only tax reform, it involves entitlement reform, balancing the budget and controlling spending. all of those things go into controlling the the debt the right way. host: has the president been a leader on these issues? guest: he needs to be more engaged on these issues and he needs to tell the people of this country what he believes the right plan is. host: that we go back to what senator mcconnell said and ask you to put some specifics to these words. guest: a similar plan passed the house committee, but the fall plan did not get through the house. we are improving the farm policy for farmers and ranchers, but at the same time, finding real savings. the other thing, when you put a five-year plan in place, you create certainty. that certainty stimulates investment and that stimulates economic growth that not only means putting people back
working on the debt ceiling is a huge part of that. if you look at any of the ideas that have been put forward to address the deficit and debt and the long-term growth of this country, it involves not only tax reform, it involves entitlement reform, balancing the budget and controlling spending. all of those things go into controlling the the debt the right way. host: has the president been a leader on these issues? guest: he needs to be more engaged on these issues and he needs to tell the...
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Jan 16, 2013
01/13
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they came in with a debt ceiling bill. the debt ceiling bill that was agreed to with the administration had some sequestration in it with the supercommittee that some of us knew wasn't going to work, because the democrats made clear they didn't want a supercommittee to work because they wanted to be able to campaign and say, gee, cuts are coming to medicare because the republicans, you know, were trying to protect the rich friends and it worked very well. they didn't reach -- wouldn't reach an agreement. even after somebody like a republican senator had a proposal to raise new revenue, a couple of democrats were reported as saying this was going to be the breakthrough that allowed an agreement, after consulting with the president, harry reid apparently made clear he didn't want a deal. no deal. so there was no deal. and now the sequestrations are about to take place. the speaker pro tempore: the gentleman has 22 minutes remaining. mr. gohmert: so we had a debt ceiling bill that was undermined from the beginning, no deal wa
they came in with a debt ceiling bill. the debt ceiling bill that was agreed to with the administration had some sequestration in it with the supercommittee that some of us knew wasn't going to work, because the democrats made clear they didn't want a supercommittee to work because they wanted to be able to campaign and say, gee, cuts are coming to medicare because the republicans, you know, were trying to protect the rich friends and it worked very well. they didn't reach -- wouldn't reach an...
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Oct 6, 2013
10/13
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and i certainly won't pay a ransom in exchange for raising the debt ceiling. for as reckless as a government shutdown is, an economic shutdown that comes with default would be dramatically worse. i'll always work with anyone of either party on ways to grow this economy, create new jobs, and get our fiscal house in order for the long haul, but not under the shadow of these threats to our economy. pass a budget, end this government shutdown. pay our bills, prevent an economic shutdown. these americans and millions of others are counting on congress to do the right thing. and i will do everything i can to make sure they do. >> i am senator john cornyn. every day capitol hill police officers protect members of congress and our visiting guests with courage, dignity, and professionalism. their efforts often go unnoticed. whenever there called upon to act, we are reminded of their bravery. i want to take this opportunity to thank the capitol hill police for all they do to protect our collective safety and security. like most americans, i was disappointed when certain
and i certainly won't pay a ransom in exchange for raising the debt ceiling. for as reckless as a government shutdown is, an economic shutdown that comes with default would be dramatically worse. i'll always work with anyone of either party on ways to grow this economy, create new jobs, and get our fiscal house in order for the long haul, but not under the shadow of these threats to our economy. pass a budget, end this government shutdown. pay our bills, prevent an economic shutdown. these...
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Oct 9, 2013
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let's have a reasonable debate on the debt ceiling. mr. mulvaney: let's stop trying to scare people and the markets if we don't raise the debt ceiling the nation will default on its debt. thank you, mr. speaker. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from new jersey rise? >> to address the house for one minute. the speaker pro tempore: without objection. >> the leadership, the president, the senate and the democrats in this body have shown has been tremendous. mr. payne: yes, we must provide a pathway to citizenship for the 11 million living in the shadows. yes, we must provide the promise of the american dream for the million of youngsters brought here through no fault of their own. and, yes, we must ensure that this immigration bill is a comprehensive immigration bill, open and accessible to all. diversity visas are one of the few ways that those from africa and the caribbean have to become american citizens. in many african countries, whole cities gather to hear the results of the
let's have a reasonable debate on the debt ceiling. mr. mulvaney: let's stop trying to scare people and the markets if we don't raise the debt ceiling the nation will default on its debt. thank you, mr. speaker. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from new jersey rise? >> to address the house for one minute. the speaker pro tempore: without objection. >> the leadership, the president, the senate and the democrats in this...
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Sep 26, 2013
09/13
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host: as far as the debt ceiling, would you approve of passing the debt ceiling and let that deadline past? guest: the debt ceiling is something that i think is going to have a lot of moving parts to it. in the last 50 years, when you have had a divided government, you always work with the spending and debt ceiling together. regardless of what the administration, the president says. you have always adhered over the last five decades peer we have done that. there is got to be some give and take over that. the president says he is not going to negotiate, so that be a problem. host: halaby voted in the past? -- how have you voted in the past? guest: i have a voted both for and against the depending on what is and appeared we have based our decision on that. i voted to move it to may. .hen they came up last year but i have also voted not to raise it. it just depends on what the debt ceiling till is, just like any other piece of legislation. post" sayswashington it could include a one-year debt increase, which could allow us a one-year delay of the health care law, and move along the keyst
host: as far as the debt ceiling, would you approve of passing the debt ceiling and let that deadline past? guest: the debt ceiling is something that i think is going to have a lot of moving parts to it. in the last 50 years, when you have had a divided government, you always work with the spending and debt ceiling together. regardless of what the administration, the president says. you have always adhered over the last five decades peer we have done that. there is got to be some give and take...
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Oct 6, 2013
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they were done in association with an increase in the debt ceiling. most recently, the budget control act of 2011 which resulted in restraint largely on the discretionary side of the budget. it is also resulted were the ederal government spent less than it spent the previous year. first time since the korean war. the common denominator is that they are paired with an increase in the debt ceiling. the point i am trying to make is hat this is unprecedented. perhaps they ought to take a loser look at history. they wrote an op-ed in the wall street journal entitled obama rewrites the debt limit history. this characterizes it in a more accurate way. according to the research service, they voted 63 times to change the debt ceiling. they go on to write that congressional republicans who won legislative conditions are following a strategy that has been pursued by both parties the majority of the time. of the 53 increases, 26 were clean, standalone. no strings attached. the remaining debt limit increases were part of an omnibus package of other bills or contin
they were done in association with an increase in the debt ceiling. most recently, the budget control act of 2011 which resulted in restraint largely on the discretionary side of the budget. it is also resulted were the ederal government spent less than it spent the previous year. first time since the korean war. the common denominator is that they are paired with an increase in the debt ceiling. the point i am trying to make is hat this is unprecedented. perhaps they ought to take a loser look...
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Nov 13, 2013
11/13
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they continued to ignore the economists and ground grading of our credit rating over the debt ceiling. they disregard the science of climate change despite erratic, catastrophic weather patterns and rising sea levels, and i am sure -- sure all of us recognize the most recent typhoon that has devastated the philippines, and i am hopeful that we along with others in the world will hasten to the rescue. america's always to be commended for our efforts when tragedy strikes other nations, and i would call on other nations who have not done so to become add heernt of the kind of philosophy that we have, and i hope that we can help those in the philippines to recover rapidly. if my friends continue to ignore the world as it is in favor of the red tenet paradise they believe it to be, they will have no one to blame but themselves when the country decides it's time to ignore them. i wish to say one additional thing regarding the privacy concerns. yesterday i called comcast television. i wanted to order the miami heat who were playing, the champions of basketball for the last two years, were pl
they continued to ignore the economists and ground grading of our credit rating over the debt ceiling. they disregard the science of climate change despite erratic, catastrophic weather patterns and rising sea levels, and i am sure -- sure all of us recognize the most recent typhoon that has devastated the philippines, and i am hopeful that we along with others in the world will hasten to the rescue. america's always to be commended for our efforts when tragedy strikes other nations, and i...
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Oct 19, 2013
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we all call on congress to raise our nation's debt ceiling and avoid this default. we urge congress to put an end to this hostile climate of uncertainty and brinkmanship. it is time to move our country forward, not jeopardize the hard work and the progress we have only together. at the end of the day, elected officials have a stake in preserving our free-market economy and our american way of life. negotiations, whether they are motivated by profit or politics, achieve their highest possible success when we recognize that cooperation works much better than conflict and solidarity will always outlast isolation and that our differences do not outweigh our common interests. thank you very much. thank you very much. >> thank you. >> next, we will hear from ian kramer. ian is the executive director of leaders engaged on alzheimer's disease. >> thank you. thank you for the opportunity to be here today. this is not a happy day. this is a day where we all sighed in relief that the circular firing squad said, ready, aim, and held its breath. this crisis is not over. all it i
we all call on congress to raise our nation's debt ceiling and avoid this default. we urge congress to put an end to this hostile climate of uncertainty and brinkmanship. it is time to move our country forward, not jeopardize the hard work and the progress we have only together. at the end of the day, elected officials have a stake in preserving our free-market economy and our american way of life. negotiations, whether they are motivated by profit or politics, achieve their highest possible...
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Dec 21, 2013
12/13
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on the debt ceiling your treasury secretary has estimated that the u.s. government will lose its ability to pay its bills come late february or early march. house budget committee chairman, paul ryan, said the republicans are going to decide what it is they can accomplish on this debt limit fight. willing to negotiate with house republicans on the debt ceiling. >> you know the answer to this question. we are not going to negotiate for congress to pay bills that it's accrued. i want to emphasize the positive as we enter into this holiday season. i think congressman ryan and senator murray did a good job in trying to narrow the differences and actually pass a budget that i can sign. it's not everything that i would like, obviously. it buys back part of these across-the-board cuts, the so-called sequester, but not all of them, we are still underfunding research, we are still underfunding education, we are still underfunding transportation and other initiatives that would create jobs right now, but it was an honest conversation. they operated in good faith. a
on the debt ceiling your treasury secretary has estimated that the u.s. government will lose its ability to pay its bills come late february or early march. house budget committee chairman, paul ryan, said the republicans are going to decide what it is they can accomplish on this debt limit fight. willing to negotiate with house republicans on the debt ceiling. >> you know the answer to this question. we are not going to negotiate for congress to pay bills that it's accrued. i want to...
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Jan 14, 2013
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ceiling, and your own history on the debt ceiling. and doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> well, no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult, and budgets in this town are always difficult. i went through this just last year. but what's different is we never saw a situation as we saw last year in which certain groups in congress took such an absolutist position that we came within a few days of defaulting. and the fact of the matter is, is that we have never seen the debt ceiling used in this fashion, where the notion was, you know what, we might default unless we get 100 percent of what we want. that hasn't happened. now, as i indicated before, i'm happy to have a conversation about how we reduce our deficits further in a sensible way. although one thing i want to point out is that the american people are also concerned about how we grow our economy, how we put people back to
ceiling, and your own history on the debt ceiling. and doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> well, no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult, and budgets in this town are always difficult. i went through this just last year. but what's different is we never saw a situation as we saw last year in which certain groups in congress...
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Sep 24, 2013
09/13
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that in the event the debt ceiling is not raised, we will always pay our debt first. i suspect every member of this body has spoken publicly about the calamity that would come from the default on the debt. it's quite revealing that the majority leader explicitly reference and objected to by name taking a default off of the table. i think that's unfortunate. there's a tendency in this town towards brinksmanship. pointing to events that can use uncertainty and using them to get your way. i wish the majority leader would had been willing to step forward and say i agree number one, the government should be funded. we should not have a government shutdown. and number two, we should never ever ever even discuss a default on the debt. had the majority leader simply said, "i consent" a default on the debt would have been taken permanently off of the table. why didn't he? we all know why he did not. the majority leader embraces obama care. i'm going to suggest to you, mr. president, that this body a little over three years ago passed obama care. it passed it on a straight part
that in the event the debt ceiling is not raised, we will always pay our debt first. i suspect every member of this body has spoken publicly about the calamity that would come from the default on the debt. it's quite revealing that the majority leader explicitly reference and objected to by name taking a default off of the table. i think that's unfortunate. there's a tendency in this town towards brinksmanship. pointing to events that can use uncertainty and using them to get your way. i wish...
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Jan 17, 2013
01/13
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as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they do not want to control spending but they will not win the debate. what will happen is the white house will pay with cash flow of the interest on the debt. the debt will not be called. what they might not pay our social security checks. the moment the american citizen figures out they may not go out, the game is over. tenfold. because believe me, though congress can stand up to the senior lobby. so that is not a legitimate process to take the debt ceiling as the hostage. the appropriate goal, whether the debate should occur. the president gets to talk about the faults. he gets to talk about social security. we should be talking about spending. spending restraints. where is the logical place to do this? the logical place is on the sequestered. that is where the next pressure point should be. we should have the debate over how much spending should be restrained and how it should be restrained. the sequester
as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they do not want to control spending but they will not win the debate. what will happen is the white house will pay with cash flow of the interest on the debt. the debt will not be called. what they might not pay our social security checks. the moment the american citizen figures out they may not go out, the game...
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Jan 16, 2013
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first, we know we are approaching the debt ceiling. second, sequestration will go into effect in two months, and third, funding for the government will expire march 27. these are opportunities to make real changes in spending. i'm excited to be representing indiana's fifth district and i'm ready to get to work. there is no decision, no reason, we need to wait until the 11th hour to start talking about the tough decisions we must make for the future of our country. it is time we commit to saving these important programs. for those who need them -- saving these programs for those who need them and getting our economic house in order for the future generations of my children and my grandchildren, and our clint's children and grandchildren. let this 113th congress that chose to tackle real problems instead of handing them down to our chern. let's embrace solutions that can set us on a path to a more sustainable future. >> my thanks to the dwisht gentlelady. i now recognize -- mr. messer: i recognize the gentlelady from south bend. my condo
first, we know we are approaching the debt ceiling. second, sequestration will go into effect in two months, and third, funding for the government will expire march 27. these are opportunities to make real changes in spending. i'm excited to be representing indiana's fifth district and i'm ready to get to work. there is no decision, no reason, we need to wait until the 11th hour to start talking about the tough decisions we must make for the future of our country. it is time we commit to saving...
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Dec 19, 2013
12/13
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i hope that the debt ceiling will be raised. i tried to remind people that raising the debt ceiling is simply fulfilling the obligations that were approved in the budget. it is not as though -- the opportunity to have that debate is as you are going to be budget office. it is the same as a credit card. when you run up a credit card, you have to pay the bill. it is not appropriate to try to use that as leverage. let's just pay our bills on time. >> there will be no negotiating on the debt limit whatsoever? >> we have a lot of twitter questions coming in. one has to do with the trade deals that i presume would be a big part of the obama agenda in the second term. this one regards the transatlantic trade partnership. but should financial services be a part of that? the europeans want it to end. why not include financial services in order to get it passed? >> they would be included in terms of access. that is an important part of this. what we have been saying is that terms of regulations, the treasury department is leading that ini
i hope that the debt ceiling will be raised. i tried to remind people that raising the debt ceiling is simply fulfilling the obligations that were approved in the budget. it is not as though -- the opportunity to have that debate is as you are going to be budget office. it is the same as a credit card. when you run up a credit card, you have to pay the bill. it is not appropriate to try to use that as leverage. let's just pay our bills on time. >> there will be no negotiating on the debt...
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Sep 24, 2013
09/13
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guest: we are going to hit the debt ceiling in the middle of october. we will run out of money to pay our bills because we will not have the official permission to borrow any more money. sometime between mid-october and he end of october. at that point, if we were to stop paying our bills, that would be a government default. it is unprecedented to imagine that something like that would happen in the united states. we have seen that in other countries around the world like eveloping nations that are not on their own currency but that is different. this would be self-imposed, self-imposed default, which would send ripples through the lobal economic system. the fact that we are doing that because small groups are saying we might not be willing to pass the debt ceiling increase is dangerous. i will say that when we come up against the debt ceiling in the middle of october, it is a speed hump that reminds us that we are orrowing too much. that is absolutely true. we are are winning more than $2 billion per day at our at that levels that are the highest they
guest: we are going to hit the debt ceiling in the middle of october. we will run out of money to pay our bills because we will not have the official permission to borrow any more money. sometime between mid-october and he end of october. at that point, if we were to stop paying our bills, that would be a government default. it is unprecedented to imagine that something like that would happen in the united states. we have seen that in other countries around the world like eveloping nations that...
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Nov 24, 2013
11/13
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could you give me a sense for how you think about the debt ceiling. is there a scenario or metric you look at that says it's long call to raise it now? what would be the scenario and what would be the indicator you're not in that position? >> the important thing to remember about the debt ceiling is it is at the very end of all the decisions that have been made. congress has appropriated money, entitlement programs have been established, revenue rules have been set. in the end, the debt limit comes after all ethe policy has been made. so there really is no alternative but to raise the debt limit when you need to borrow in order to pay the bills. there can be a full throated debate about what our policy should be on any of those other areas but there cannot be a question, once we've made commitments as a government, that we keep our commitments. it can't be that we have contractors who have done work and then we say we won't pay them. it can't be that we have people who have benefits that they're entitled to but don't get paid. the full faith and credi
could you give me a sense for how you think about the debt ceiling. is there a scenario or metric you look at that says it's long call to raise it now? what would be the scenario and what would be the indicator you're not in that position? >> the important thing to remember about the debt ceiling is it is at the very end of all the decisions that have been made. congress has appropriated money, entitlement programs have been established, revenue rules have been set. in the end, the debt...
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May 25, 2013
05/13
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when i asked you about the debt ceiling showdown at agp hearing at the fall of 2011, you answered -- it is no way to run a railroad. i agree with must do better this time. we have some breathing room because of the change with the debt. to pressst continue policies that will help the economy. the immigration reform. a long-term farm bill, which helped with a significant sector of our economy that i believe we'll get through the senate in the next two or three weeks. work training. regulatory reform, streamlining regulations. cumbersome and paulson and i have worked a lot on the medical device industry, trying to make those fda approvals quicker. a conference of tax reform. smart this is also federal reserve policies. since the financial crisis again in 2007, the fed has used many tolls to bolster our economy. it has kept short-term interest rates near zero since late 2008, and it has taken action to keep longer-term interest rates and mortgage interest rates low. as you and i have discussed, this makes it hard, yet in the past three years, americans have saved more than 4% of their i
when i asked you about the debt ceiling showdown at agp hearing at the fall of 2011, you answered -- it is no way to run a railroad. i agree with must do better this time. we have some breathing room because of the change with the debt. to pressst continue policies that will help the economy. the immigration reform. a long-term farm bill, which helped with a significant sector of our economy that i believe we'll get through the senate in the next two or three weeks. work training. regulatory...
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Jan 4, 2013
01/13
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to raise the debt ceiling, it will be on their shoulders. i would bet that they would not go forward with that. if they are convinced that those who want to use the debt ceiling as a tool to bring change that they want, if they realize for sure that they're not going to have a negotiating partner, they'll have to find another route to bring the change they want and they won't risk the full faith and credit of the united states. the only way they get leverage is when they think we might negotiate on those issues, is a very sad moment in 2011 when that happened and i think there's a strong consensus at both ends of pennsylvania avenue among democrats, not to repeat what i would call i think what most of us would regard as a mistake. ok, thank you, everybody. [captions performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> the fiscal cliff legislation passed by conditioning this week included a measure intended to stop milk prices from rising but the larger farm bill that expired last year still
to raise the debt ceiling, it will be on their shoulders. i would bet that they would not go forward with that. if they are convinced that those who want to use the debt ceiling as a tool to bring change that they want, if they realize for sure that they're not going to have a negotiating partner, they'll have to find another route to bring the change they want and they won't risk the full faith and credit of the united states. the only way they get leverage is when they think we might...
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Jul 15, 2013
07/13
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october, perhaps debt ceiling in november. there's no clear path toward resolution of either of those at that point. how much of a risk do you think that poses to the economic recovery in addition to coming on top of the fiscal situation in the second quarter? >> well, as we saw a couple years ago in terms of confidence in markets and business people trying to make investment decisions and the like, those kinds of high uncertainties, the so-called "fiscal cliff," cannot be helped. it is just something that can inject more uncertainty into a group of consumers or investors that are already asking a lot of questions about the underlying strength of the economy. >> this is a twitter question, but i also want this on my list, your view on the bernanke effort to bring more transparancy to the financial situation? his communication with the general public -- public, do you think that has been a positive thing? do you think the feds could communicate better with the public? >> let's think about this as citizens. what were the reasons
october, perhaps debt ceiling in november. there's no clear path toward resolution of either of those at that point. how much of a risk do you think that poses to the economic recovery in addition to coming on top of the fiscal situation in the second quarter? >> well, as we saw a couple years ago in terms of confidence in markets and business people trying to make investment decisions and the like, those kinds of high uncertainties, the so-called "fiscal cliff," cannot be...
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Sep 30, 2013
09/13
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let us pass legislation that will raise the debt ceiling. then we can have a reasoned we have a lot of differences on these other issues. stop targeting women for these kinds of specific attacks. thank you. >> we are happy to answer any questions. >> if a shutdown cannot be avoided, members of congress will continue to collect a paycheck. is that appropriate? >> no. i have a bill that would stop us from getting paid. if we do not pay our bills and we defaulted, i asked everyone to become a cosponsor of that bill. we passed it once before. we sent it over to the house. the house killed it. it is absolutely inappropriate. and i think i speak for my colleagues. >> you mentioned the medical device tax. can you give me an idea of what the caucus might consider as an appropriate to pay for if they were to repeal that? >> we are having a caucus meeting. i do not want to confuse things with you. senator reid said that we are going to handle this message from the house the same way we handled their first bill. anythinging to strip extraneous from ed
let us pass legislation that will raise the debt ceiling. then we can have a reasoned we have a lot of differences on these other issues. stop targeting women for these kinds of specific attacks. thank you. >> we are happy to answer any questions. >> if a shutdown cannot be avoided, members of congress will continue to collect a paycheck. is that appropriate? >> no. i have a bill that would stop us from getting paid. if we do not pay our bills and we defaulted, i asked...
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Jan 4, 2013
01/13
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host: how high to the debt ceiling go? guest: i think it should go as high as it needs to go in order to accommodate what has already been committed. then we need to start scaling it back. i mean, i do not want to come across, because they said the duke -- debt ceiling should not be a hostage -- i am h. hoch on this issue. i am a simpson-bowles kind of guy. we have really got to address this. i am not sure the debt ceiling is the appropriate place to do it because you're playing russian roulette with the u.s. and perhaps even the world economy. i understand the frustration of people to say, well, we do not do that, how are we going to do it? there has got to be some of the pressure involved in forcing these changes. see, what happened last weekend with this fiscal cliff and the bill that passed? it was fine, but it is a tiny part of the solution to this debt problem. it really did not do much. what happened this past weekend was the easy part. the hard part is going to be serious spending cuts and perhaps some additional r
host: how high to the debt ceiling go? guest: i think it should go as high as it needs to go in order to accommodate what has already been committed. then we need to start scaling it back. i mean, i do not want to come across, because they said the duke -- debt ceiling should not be a hostage -- i am h. hoch on this issue. i am a simpson-bowles kind of guy. we have really got to address this. i am not sure the debt ceiling is the appropriate place to do it because you're playing russian...
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Jun 5, 2013
06/13
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on the debt ceiling. the closer we get to that time rame, that stands will soften. i'm not -- i think that the house has acted responsibly to say that default -- cannot occur, won't occur, which is why we passed the bill that we did a couple weeks ago to make certain that the pryor at thisization of payments and -- prioritization of payments and the ability of the federal government to pay its debts is solid. >> does it make sense to have a debt ceiling? we are the only country that budgets in this manner. would it makes sense to get rid of it? accrue debt as we pass bills? >> you want to ask the american people does it make any sense to have a limit on your credit card? it probably makes sense to have a limit. yeah. i think you ought to have a debt ceiling. >> lauren. >> i wanted to ask you, you indicated earlier that the house leadership and your conferences decided that piecemeal bills on immigration is the best way to go. what about this bipartisan group working in the house, if they came to an agreem
on the debt ceiling. the closer we get to that time rame, that stands will soften. i'm not -- i think that the house has acted responsibly to say that default -- cannot occur, won't occur, which is why we passed the bill that we did a couple weeks ago to make certain that the pryor at thisization of payments and -- prioritization of payments and the ability of the federal government to pay its debts is solid. >> does it make sense to have a debt ceiling? we are the only country that...
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Sep 5, 2013
09/13
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we will talk about the effect on the debt ceiling. later, jeffrey mann will give us -- jeffrey mankoff. 8:33 a.m. politico reports that the house and maybe even the senate would not approve the military strike if the film were held today. the top leader in each chamber is doing little to overcome surprisingly unconvincing private briefings by the white house, state department, and pentagon. there is word of a possible oval office address on syria from calico -- from politico. a speech of some kind is under in that -- under consideration. this quote from house minority whip "in the next two months, the most unpopular institution in america -- the house -- will decide the fate of a president's power, the budget, health care implementation, the federal reserve chairmanship, and illegal immigrants." he goes onto say that in 33 years we have never come back from a summer break with the number of important issues that we will confront over the next 90 to 120 days. next monday,rns september 9, watch live house coverage on c-span. the senate
we will talk about the effect on the debt ceiling. later, jeffrey mann will give us -- jeffrey mankoff. 8:33 a.m. politico reports that the house and maybe even the senate would not approve the military strike if the film were held today. the top leader in each chamber is doing little to overcome surprisingly unconvincing private briefings by the white house, state department, and pentagon. there is word of a possible oval office address on syria from calico -- from politico. a speech of some...
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Dec 10, 2013
12/13
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deadline inr february, another debt ceiling shut out as possibly on the horizon. you mentioned adult decisions, what does the business roundtable they got the adult decisions on the debt ceiling? guest: there's nobody in our nation who believes that we should be defaulting, or talking about defaulting on our debt. i do not think republicans and democrats think it would be a good idea to do that. what you have is a hollow threat. at the end of the day, you have to give on it. host: this is what you describe as the imperfect hostage? guest: i did say that once. -- ifffect, if you can't the hostage has to be taken care, and ultimately return, all you are doing is incurring a lot of cost will you care for your hostage. the issue is the spending. imperfect as the sequestration has been provided has had an good effect on bringing down the annual debts. it is highlighting further that the problem is structural long- term entitlement reform. the type of reform that ceos of businesses and roundtables have to think about. i saw it as a governor, and most of the governors in
deadline inr february, another debt ceiling shut out as possibly on the horizon. you mentioned adult decisions, what does the business roundtable they got the adult decisions on the debt ceiling? guest: there's nobody in our nation who believes that we should be defaulting, or talking about defaulting on our debt. i do not think republicans and democrats think it would be a good idea to do that. what you have is a hollow threat. at the end of the day, you have to give on it. host: this is what...
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Jan 18, 2013
01/13
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as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they do not want to control spending but they will not win the debate. what will happen is the white house will pay with cash flow of the interest on the debt. the debt will not be called. what they might not pay our social security checks. the moment the american citizen figures out they may not go out, the game is over. tenfold. because believe me, though congress can stand up to the senior lobby. so that is not a legitimate process to take the debt ceiling as the hostage. the appropriate goal, whether the debate should occur. the president gets to talk about the faults. he gets to talk about social security. we should be talking about spending. spending restraints. where is the logical place to do this? the logical place is on the sequestered. that is where the next pressure point should be. we should have the debate over how much spending should be restrained and how it should be restrained. the sequester
as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they do not want to control spending but they will not win the debate. what will happen is the white house will pay with cash flow of the interest on the debt. the debt will not be called. what they might not pay our social security checks. the moment the american citizen figures out they may not go out, the game...
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Oct 5, 2013
10/13
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people are worried about debt ceilings. aaa ratings are up to aa. notuse the republicans did budget --gh of the they believe it will rise $3 trillion in a short time. we know it did that. everybody has their own different issues and know them -- and none of them are getting addressed the -- are getting you addressed. we will be talking about the rollout of those health-care exchanges and how that went this week. you may want to stick around and listen to that. on the last couple of minutes we are taking your calls and comments on day five of the government shutdown. on twitter -- up next on our line for republicans, good morning. i am disappointed on how my party is handling this issue of obamacare. they're all easily trend blackmail the agenda. -- obviously trying to blackmail the agenda. the whole world is watching how we handle this. we are the best democracy in the world and we are making it that scenario -- a bad example. i think we should put our differences aside. i think we should put our differences aside and get together and do the best we
people are worried about debt ceilings. aaa ratings are up to aa. notuse the republicans did budget --gh of the they believe it will rise $3 trillion in a short time. we know it did that. everybody has their own different issues and know them -- and none of them are getting addressed the -- are getting you addressed. we will be talking about the rollout of those health-care exchanges and how that went this week. you may want to stick around and listen to that. on the last couple of minutes we...
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May 23, 2013
05/13
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and that's why we have an irresponsible fight every time there's occasion to raise the debt ceiling. and i don't want to dwell on that fact, but i will note we are in the situation we are in today not because of assistance that the government has provided to those seeking higher education or other positive domestic spending programs. we're in this situation at $16 trillion debt situation because of some irresponsible decisions that were made during the eight years of the previous administration. that's just the fact. . how dare we shoulder future yen rations with such a burden, but when it comes to a $1 trillion debt burden being shouldered by younger americans, what we've gotten is an irresponsible bill, h.r. 1911, that will actually make a bad situation even worse. as representative pocan indicated, i've introduced legislation that would freeze the current interest rate at 3.4%. there are other ideas on this side of the aisle. all designed to deal with making sure that as many americans as possible can go to college, that it is affordable, and they can leave college with a minimum
and that's why we have an irresponsible fight every time there's occasion to raise the debt ceiling. and i don't want to dwell on that fact, but i will note we are in the situation we are in today not because of assistance that the government has provided to those seeking higher education or other positive domestic spending programs. we're in this situation at $16 trillion debt situation because of some irresponsible decisions that were made during the eight years of the previous...
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Jun 9, 2013
06/13
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you won't and he boasted stick to your guns and break the debt ceiling. what happens then? some people say it's doom and gloom and some people think it's manageable. what is your take question are going toint of conference on something like the budget require some parameters. is just a free-for-all, it becomes more of an opportunity for the demagoguery and partisan back-and-forth that won't reach any solution. laying out the goal of refining those parameters, i think that's a responsible process. of the debt ceiling, i'm an optimist, so i think we can get to a solution before we get to that date area requires a willing partner to say yes, wouldaren't things they attach to the debt ceiling as opposed to being dogmatic about whether or not they would allow anything to move forward on the debt ceiling. the closer we get to that timeframe, that stance will soften. i think the house has acted responsibly to say that default cannot occur and will not occur which is why we passed the bill to ask to pay its debts is solid. >> we are the only country that budgets
you won't and he boasted stick to your guns and break the debt ceiling. what happens then? some people say it's doom and gloom and some people think it's manageable. what is your take question are going toint of conference on something like the budget require some parameters. is just a free-for-all, it becomes more of an opportunity for the demagoguery and partisan back-and-forth that won't reach any solution. laying out the goal of refining those parameters, i think that's a responsible...
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Oct 5, 2013
10/13
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we will have to raise the debt ceiling. that is another fight the house and the senate may find itself in as they take up another battle ahead. anthony in st. paul, minnesota, for independents. go ahead. caller: hi. too, and i have been waiting for my disability for so many years she would not want to believe. but i am with the democrats on holding out among because first and foremost if you give in, like they say they will take what they want. all beamed and we should ashamed that we are arguing about people trying to have health care. you are talking about 38 million people in the country that are not getting health care now. why are we being that selfish aboute're going to w h inhine somebody else getting health care? a lot of businesses were going to cut back anyway. they are making their money anyway. this is just a way of putting pressure on the government. that the republicans, democrats, everybody, what they call it is democracy. like that lady said earlier, president obama ran on -- got the affordable care act and
we will have to raise the debt ceiling. that is another fight the house and the senate may find itself in as they take up another battle ahead. anthony in st. paul, minnesota, for independents. go ahead. caller: hi. too, and i have been waiting for my disability for so many years she would not want to believe. but i am with the democrats on holding out among because first and foremost if you give in, like they say they will take what they want. all beamed and we should ashamed that we are...
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Jan 5, 2013
01/13
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we are at the point where the debt ceiling need to be raised. what we did the last time this came up was replaced the budget control act and said that for any $1 increase in the debt limit, we've got to have a $1 deduction in spending, because we've got to get our fiscal house in order. that's what we are talking about as we go into the debt ceiling discussion. any agreement, we have to have real reduction so we get the deficit under control so we don't continue to increase the debt the debt reduced over time. host: our guest john hoeven is former president and ceo of the bank of north dakota and a graduate of dartmouth and went to northwestern university. on facebook -- guest: i think, again, we've got to get to the point where we are moving the legislation across the floor in a clear, open, transparent manner where it is debated, the public is aware of what is getting funded and what is not getting funded, so there is broad public support for things that have merit and they are funded. and the things that are not, in that debate back and forth
we are at the point where the debt ceiling need to be raised. what we did the last time this came up was replaced the budget control act and said that for any $1 increase in the debt limit, we've got to have a $1 deduction in spending, because we've got to get our fiscal house in order. that's what we are talking about as we go into the debt ceiling discussion. any agreement, we have to have real reduction so we get the deficit under control so we don't continue to increase the debt the debt...
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Oct 29, 2013
10/13
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don't attempt to hold the debt ceiling hostage. but i would say as was said in the book of isaiah, come and let us reen together, because -- reason together, because if we don't, then the whole country will suffer. come and let us find the way to work in a way that our problems can be dealt with. i believe that we can do it. it's been done before. and i think -- thank the gentleman for yielding. and i end with, let's do it. let's show the american people that we can work in a bipartisan way and solve the problems and meet the needs of the people of this country. and i yield back. the speaker pro tempore: the gentleman from michigan reserves. the gentleman from indiana is recognized. mr. young: i yield three minutes to my distinguished colleague from kansas, mr. huelskamp. the speaker pro tempore: the gentleman from kansas is recognized for three minutes. mr. huelskamp: i appreciate the efforts of my colleague from indiana bringing this before the house for discussion. the reality is the staggering fact is since the president's re-e
don't attempt to hold the debt ceiling hostage. but i would say as was said in the book of isaiah, come and let us reen together, because -- reason together, because if we don't, then the whole country will suffer. come and let us find the way to work in a way that our problems can be dealt with. i believe that we can do it. it's been done before. and i think -- thank the gentleman for yielding. and i end with, let's do it. let's show the american people that we can work in a bipartisan way and...
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Jun 8, 2013
06/13
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. >> the question is on the debt ceiling. yes, there was some discussion on that, obviously, the deadline for hitting the debt ceiling has been pushed back. what we've heard from meetings in washington, it might be october or november that we might hit the debt ceiling thresholds. there wasn't a lot of concern, people thought it was more likely to be some action but we don't think that will happen before the dead line. until we change that date i don't think we'll have a better read on what that is headed. we've been through that a few times so it might not have as big of a market shock as it has in the past because people get comfortable with these discussions going on here in washington. >> any more questions? we'll conclude today's event. we thank you for coming and we hope you will stay around to meet the economists. >> thank you. >> on the next washington journal we will talk about issues important to young voters. will talk. a look at the recent jobs report and unemployment in america. research and policy director for t
. >> the question is on the debt ceiling. yes, there was some discussion on that, obviously, the deadline for hitting the debt ceiling has been pushed back. what we've heard from meetings in washington, it might be october or november that we might hit the debt ceiling thresholds. there wasn't a lot of concern, people thought it was more likely to be some action but we don't think that will happen before the dead line. until we change that date i don't think we'll have a better read on...
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Oct 4, 2013
10/13
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if you vote for the rein budget you envision the debt ceiling having to be raised. but you have to be in a discussion. i think the central issue in this is not the affordable health care act, not the debt ceiling and not the government shutdown as serious as that is. the real issue is, will my friends and the president of the united states simply come to the table to negotiate. will they put a counterproposal out there? or sit simply going to be we encyst getting our way, in fall -- in full, all the time. don't think that's an acceptable way to arrive at common ground and i don't think it's likely to succeed. with that, mr. speaker, i will reserve the balance of my time. the speaker pro tempore: the gentleman's time is reserved. the gentlelady from new york. ms. slaughter: i'm pleased to yield four minutes to the gentleman from massachusetts, mr. mcgovern. the speaker pro tempore: the gentleman is recognized for four minutes. mr. mcgovern: thank you very much. i thank the distinguished ranking member for the time. mr. speaker, here we are on day four of the republic
if you vote for the rein budget you envision the debt ceiling having to be raised. but you have to be in a discussion. i think the central issue in this is not the affordable health care act, not the debt ceiling and not the government shutdown as serious as that is. the real issue is, will my friends and the president of the united states simply come to the table to negotiate. will they put a counterproposal out there? or sit simply going to be we encyst getting our way, in fall -- in full,...
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Sep 22, 2013
09/13
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the cr is one, the debt ceiling is coming up, and we land on tackling the debt ceiling and saying we're going to make sure the company pays our debts and make sure the health care law will be delayed and address the economy and put some revisions like the keystone pipeline in the bill and say this will create over 25,000 jobs. the president has turned those jobs away for now, but why don't we say yes and get our economy moving again. passills we are going to to the senate ensure we will keep government funded and address the problems like the health care law. this morning on fox news sunday, senators ted cruz and claire mccaskill weighed in on the bill. the first order of business is to ask harry reid if you agree to allow amendments to be subject to a 60 vote threshold. that is typical in the senate. we have a lot of amendments subject to a 60 vote threshold. in all likelihood, he will say no because he wants to use brute lyrical power to push obamacare through, exactly the same way past the bill three years ago. if he does that, center republicans have the bill -- have the tool we alw
the cr is one, the debt ceiling is coming up, and we land on tackling the debt ceiling and saying we're going to make sure the company pays our debts and make sure the health care law will be delayed and address the economy and put some revisions like the keystone pipeline in the bill and say this will create over 25,000 jobs. the president has turned those jobs away for now, but why don't we say yes and get our economy moving again. passills we are going to to the senate ensure we will keep...
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Sep 5, 2013
09/13
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that includes defense, the debt ceiling may come later. i expect the defense budget to be re-examined. host: what do you think will happen with the debt ceiling debate? guest: that is a great question. if i had to guess right now, i think the debt ceiling will be increased. i think it will go rather smoothly. my contacts in both political parties, more on the republican side, does not want to shut the government down and risk a default on american treasury bills and bonds. i think that is a tough vote. speaker boehner and others believe that if you raise the debt ceiling, you have to cut he source of the debt, which is overspending. that is a point of view that i generally agree with. they might want to do it in a compromise, where there was some entitlement reform involved. they do not want to do it with any tax increase. they have made that very clear. we have already had a double whammy tax hike in 2013. the top end of the bush tax cuts were raised, and then the obamacare hikes are kicking in. it is going to be tough. i do not think the
that includes defense, the debt ceiling may come later. i expect the defense budget to be re-examined. host: what do you think will happen with the debt ceiling debate? guest: that is a great question. if i had to guess right now, i think the debt ceiling will be increased. i think it will go rather smoothly. my contacts in both political parties, more on the republican side, does not want to shut the government down and risk a default on american treasury bills and bonds. i think that is a...
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Sep 17, 2013
09/13
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would you guys ever be open to a debt ceiling -- linking it to the debt ceiling or something of that nature, for instance? our side et me say on of the capitol, sandy levin and the democrats on the ways and means committee has been participating very positively with the sort of working groups that chairman camp has established. i think those were positive, bipartisan, and have been useful efforts. they have not led to an agreement, as you know, at this point in time. in my own view, we are certainly opened both on the individual side as well as the corporate side to tax reform. as a matter of fact, everybody in washington's for tax reform. right up until the time you say what it is. tax reform conceptually, everybody believes the tax code , too complicated, too long too uneven and its impact on individuals and the corporate level. warren buffett's observation that his secretary pays a higher rate than he does is obviously something that is i shall rational and unacceptable. as a result -- is irrational and unacceptable. as a result, we need not only need to simplify it, we need to at
would you guys ever be open to a debt ceiling -- linking it to the debt ceiling or something of that nature, for instance? our side et me say on of the capitol, sandy levin and the democrats on the ways and means committee has been participating very positively with the sort of working groups that chairman camp has established. i think those were positive, bipartisan, and have been useful efforts. they have not led to an agreement, as you know, at this point in time. in my own view, we are...
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Jan 2, 2013
01/13
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i voted to raise the debt ceiling last year. it's something that i never thought i would do when i came to washington. i did it because it was part of the thing we called cut, cap and that fixed the problem or at least we believed fixed the problem. i'm willing to take difficult votes. i'm willing to do things i never thought i would do before, when you run a campaign, especially a first campaign for congress. but it has to fix the problem. we didn't fix the problem last night. we prevented ourselves from going over the fiscal cliff. we dug the hole of the deficit deeper. so, to your point is, yeah, i can see voting for stuff i never thought i'd vote for but it has to fix the problem. host: the cliff was designed to force congress to act responsibly. it didn't work. guest: he's not wrong. host: our democrats line. from georgia. caller: good morning and happy new year to my fellow americans. i have just a few words to say. i'm totally in agreement with everything both republicans and the democrats. but there's one thing that we a
i voted to raise the debt ceiling last year. it's something that i never thought i would do when i came to washington. i did it because it was part of the thing we called cut, cap and that fixed the problem or at least we believed fixed the problem. i'm willing to take difficult votes. i'm willing to do things i never thought i would do before, when you run a campaign, especially a first campaign for congress. but it has to fix the problem. we didn't fix the problem last night. we prevented...
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Jun 8, 2013
06/13
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the first thing it did was raise the debt ceiling limit. if we had not voted for that we down have base basically shut the government. ae second thing was to pass supercommittee that was responsible to come up with savings of another $1.2 trillion out of mandatory spending over and above the one dollar trillion that we took out of domestic spending. it was a pretty broad thing. all of us that did vote for it had very strong concerns about sequestration. we were assured that it would be so bad that the supercommittee would be forced to do its work. we find they were not able to do that. we still have this hanging over us. weeverything were simple probably would not be paid so much. to be a different kind of job. we have to deal with life as it is. we have to do this as it is presented to us. iwish i could say every vote cast in this house i feel really good about. some of them you take the bad with the good. unfortunately, there were good and bad in that bill. the gentleman from new york is recognized for two minutes. >> thank you. the way y
the first thing it did was raise the debt ceiling limit. if we had not voted for that we down have base basically shut the government. ae second thing was to pass supercommittee that was responsible to come up with savings of another $1.2 trillion out of mandatory spending over and above the one dollar trillion that we took out of domestic spending. it was a pretty broad thing. all of us that did vote for it had very strong concerns about sequestration. we were assured that it would be so bad...
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Aug 31, 2013
08/13
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is october really -- >> the budget negotiations, in the budget negotiations and debt ceiling. separate but related, of course. budgets have to be september 30th. budget will run out. well, you know, whether it's the end of october, early november, i think that they're in town more in october then they are in ptember and i think that's what we're picking up on the hill. >> you think fall this year ?ontinues to be realistic >> yeah, i'm not saying the president's desk but something to the house and perhaps conference is set up over the three days congress is not in between christmas and new year's and the conference report, conference report comes out late january. i'm not into the school people say if we don't get the whole thing done this year because election is next year, nothing will happen. politics are clear they will not change between now until we get into next year. if you get to october of next year, that's something else so there's still time to get this done and do it right. >> could you also say based on your local branches meetings with members, whether you think
is october really -- >> the budget negotiations, in the budget negotiations and debt ceiling. separate but related, of course. budgets have to be september 30th. budget will run out. well, you know, whether it's the end of october, early november, i think that they're in town more in october then they are in ptember and i think that's what we're picking up on the hill. >> you think fall this year ?ontinues to be realistic >> yeah, i'm not saying the president's desk but...